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Competition and Antitrust Law Enforcement Act Proposes Wholesale Changes to U.S. Antitrust Law | Womble Bond Dickinson

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Executive Summary: Congress is considering proposed legislation would substantially rewrite U.S. antitrust law. If approved, the “Competition and Antitrust Law Enforcement Act of 2021” would increase the compliance burden on many mergers to show they would not create a risk of reducing competition. The bill also would create a new federal office to enforce such regulation, as well as increasing civil penalties in antitrust litigation.
Wasting no time as the incoming chair of the Senate antitrust subcommittee, on February 4, Sen. Amy Klobuchar introduced a comprehensive and sweeping bill targeting the tech industry that would make wholesale changes to antitrust jurisprudence. The bill, entitled the “Competition and Antitrust Law Enforcement Act of 2021” most certainly aligns with the political agenda of Democrats and several Republicans, as evidenced by the House Antitrust Subcomittee hearings chaired ....

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How a proposed antitrust law could rein in tech platforms with 'long overdue' enforcement money

U.S. lawmakers have talked about taking tech giants to task for potential antitrust violations, and now they might be taking action. ....

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Klobuchar Antitrust Bill Could Have Significant Impact on Healthcare Industry | Akerman LLP - Health Law Rx

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In early February, Senator Amy Klobuchar, new Chair of the Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights, introduced the “Competition and Antitrust Law Enforcement Reform Act of 2021″(S225). While the legislation is widely understood to be intended to address perceived shortcomings in the ability of federal authorities to regulate the largest and most dominant companies in the information technology industry (Big Tech) under the antitrust laws, the legislation is not limited to that industry, and if enacted, the legislation could have a significant impact on larger health systems and health insurers as well. ....

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